Pitney Bowes Inc (PBI), a global technology company, has unveiled the Pitney Bowes Parcel Shipping Index, an annual report that measures both volume and spend for business-to-business, business-to-consumer, consumer-to-business and consumer consigned shipments with weights up to 31.5kg (70 lb) in 12 major markets. The index has found that parcel shipping volume was 31 billion parcels in 2015, which was a 2.9% increase over 2014. Furthermore, the Index forecasts parcel shipping volume to grow annually at 5-7% for a total increase of 20% by 2018, with cross-border shipping leading the way.
“With the growth we’ve witnessed over the past several years in e-commerce, it is no surprise the global parcel shipping market continues to expand at a strong pace,” said Lila Snyder, president, Global Ecommerce, Pitney Bowes. “That growth in parcel shipping is having a profound effect on businesses. Increased demand has led to greater service options from an expanding number of global, national and regional carriers. However, managing multiple carriers and shipping goods across borders also creates new challenges and raises complexity.”
The Pitney Bowes Parcel Shipping Index, which looks at the markets of the USA, Canada, Brazil, Germany, the UK, France, Italy, Norway, Sweden, Japan, Australia and India, confirmed that the USA is the largest parcel shipping market of the countries studied, with more than 11.8 billion parcels shipped and US$85bn spent in 2015. Japan, Germany, the UK and France round out the top five countries in 2015. Globally, the parcel shipping market is being driven primarily by growth in e-commerce with an increasing number of online shoppers around the world.
November 16, 2016
